www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Obama hopes to bring back US economy on track

Font Size

Agencies

Posted: Mar 23, 2009 at 1255 hrs IST
Obama

Washington In the midst of a global economic crisis, US President Barack Obama on Monday assured Americans that all his decisions are aimed at making sure that the economy starts moving again.

This is what he is focusing on, and not distracted by what is happening every day, Obama said in an interview to the ‘CBS news’.

"The one thing that I've tried to emphasize, though, throughout this week, and will continue to try to emphasize during the course of the next several months as we dig ourselves out of this economic hole that we're in, is we can't govern out of anger," Obama said.

"We've got to try to make good decisions based on the facts, in order to put people back to work, to get credit flowing again. I'm not going to be distracted by what's happening day to day. I've got to stay focused on making sure that we're getting this economy moving again," Obama said in his interview.

Obama said neither he nor his team was surprised over the angry reaction from the people on the AIG bonuses issue.

"I wasn't surprised by it. Our team wasn't surprised by it."

Referring to the legislation passed by the House of Representative which imposed a 90 per cent tax on the bonuses received by AIG executives, Obama said in general he thinks that legislations should not be targetted towards individuals.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

BJP slams Chidambaram in RS over ‘Hindu terrorist’ remark

Obama Af-Pak speech snub: India says 'not complaining'

Bhopal gas tragedy: PM promises to address all issues

Reservation for SCs, STs not mandatory in PG courses: SC

Suspected TRS activists attack Renuka Chowdhury's office

ULFA chairman Arabinda Rajkhowa arrested in Bangladesh

RTI: Govt didn't incur expenditure on Krishna, Tharoor's stay at hotels

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map